Procedures concerning the establishment of Community Reinvestment Areas, definitions, appointment of a Housing Officer, application for exemption from taxation, revocations, the Housing Council, and appeals shall be as set forth in Ohio R.C. 3735.65 through 3735.70 or as may be hereinafter set forth by Council by ordinance or resolution.
(a) Step by Step Procedures. The following outlines the procedures necessary for the implementation and operation of a Community Reinvestment Program.
(1) Council shall survey the housing within its jurisdiction.
(2) Council shall adopt a resolution describing the boundaries of the "Community Reinvestment Area" containing a statement of finding concerning the housing facilities or structures of historical significance within the area.
(3) The adopted resolution shall be published in a newspaper of general circulation in the City once a week for two consecutive weeks.
(4) Council shall, by ordinance, designate a "Housing Officer" to administer this Program.
(5) The property owner files an application for exemption.
(6) The "Housing Officer" verifies the new construction or remodeling and forwards the application to the County Auditor.
(7) A community reinvestment area housing council shall be appointed for each such area.
(8) The "Housing Officer" and the housing council shall make annual inspections of properties for which an exemption has been granted.
(b) Initiating Authorities. Council may institute a community reinvestment program by completing the steps in subsection (a)(1) through (4) hereof and insuring that the housing council listed in subsection (a)(7) hereof is constituted according to the code.
The owner of any real property in a designated community reinvestment area may file an application for exemption from real property taxation, for any new construction or remodeling of sufficient dollar value, completed after the effective date of the resolution adopted by Council describing the boundaries of the area.
(c) Method of Application. Any owner of real property in a community reinvestment area may obtain an application for exemption from real property taxation by either visiting or writing the Housing Officer, Municipal Building, 29 High Street, Milford, Ohio 45150 and requesting an application form. If request for an application form is made by letter, it should identify the owner, the reinvestment area involved, the location and description of the present property and a brief description and approximate dollar value of the proposed, or underway improvement, and if the work has already been completed, the date of that completion.
Depending on the nature and size of the improvement, either a short form application, or a more complete questionnaire shall be supplied to the applicant. When necessary, additional questions or instructions may be appended to the application form by the Housing Officer.
(d) Action by Housing Officer. Upon receipt of a completed application, the Housing Officer shall verify the construction of the new building, the cost of the remodeling and the facts asserted in the application. If it meets all of the requirements for tax exemption, the Housing Officer shall forward the application to the County Auditor with a certification as to the division of the code under which the exemption is granted, and the period of the exemption, in years as determined by the legislative authority pursuant to that division.
(e) Starting Date of the Exemption. The tax exemption shall first apply in the year following the calendar year in which the certification is made to the County Auditor by the Housing Officer pursuant to Ohio R.C. 3735.67.
(Ord. 1059. Passed 5-20-86.)